Added to YB: 2026-06-23
Pitch date: 2026-06-21
HBFG.CN [neutral]
Happy Belly Food Group Inc.
Author Info
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Company Info
Happy Belly Food Group Inc. operates as a multi-branded restaurant company that engages in acquiring and scaling emerging food brands across Canada.
Market Cap
CAD 251.0M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-27.03
P/E
-17.99
EV/Sales
10.14
Sector
Health Care Technology
Category
growth
Happy Belly Food Group ($HBFG.C) Special
HBFG.CN (update): Author addresses prior downgrade concerns via custom analysis of QSR system sales/location/day across 8 quarters. Found YoY growth of 3.3%/3.4% last two quarters (Q1'26 $2,607 vs $2,522). ~20% Q4 seasonality dip. Still flags margin compression, cash burn, network scaling risks, lack of SSS data. Q2 to exceed 100 locations. Bets on management ('jockey').
Read full article (5 min)